International Information Centre for Balkan Studies

Bosnia's FBiH region introduces price margins for basic products

April 01, 2021

Bosnia’s Federation (FBiH) entity Government decided to introduce a measure of direct price control for certain basic foodstuffs and other products on Thursday by determining the maximum margin, on Thursday. According to the said decision, the conditions for prescribing a measure of direct price control in the entity have been met.

The decision applies to all types of flour and bread, pastries, and other bakery products from cereal flour, active yeast, milk, and dairy products, eggs and egg products, sugar, tea, spices, salt for human consumption, rice, pasta, vegetable, and animal fats, all kinds of fresh meat, fish and their products, vinegar, canned meat and fish, edible oil, infant formulas, and post-breastfeeding formulas, processed cereal-based foods and baby foods (including gluten-free products and food for special medical purposes.

The decision also covers disposable diapers for children and adults, sanitary pads, laundry and dish detergents, soap, toothpaste, toilet paper, as well as all kinds of seeds and planting material, plant health products, animal feed, and components for animal feed and fertilizer.

The Government said they will continue to monitor price movements through the competent ministry and should they observe inappropriate and unjustified price movements, the ministry will intervene again to protect the FBiH citizens.

Having determined that there are conditions for prescribing a measure of direct price control in the FBiH territory, the Government passed a Decision by which it determined the maximum amounts of margins in trade for petroleum products (calculated prices).

Source:  https://ba.n1info.com/english/news/bosnias-fbih-region-introduces-price-margins-of-basic-products/

isn eth zurichBSAdsNATOCentral and Eastern European Online LibraryEurActiv | European Union Information Website